Savings Corner
DECEMBER 25, 2023
How to use the Rent vs. Buy Calculator The renting-vs.-buying You’ll need just seven pieces of information to use our Rent vs. Buy Calculator, things you may already know or have been tossing around in your mind: To make things easy, we made a number of assumptions about other typical costs that factor into this calculation.
Family Balance Sheet
JUNE 4, 2015
After renting an office for 12 years, we had nothing to show for it and the space was starting to feel a bit cramped. When a building in our town went into foreclosure in 2012, we considered the opportunity to own. The building offered so much potential, but needed a lot of work and we set out to renovate our dream office.
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Prairie Eco-Thrifter
SEPTEMBER 15, 2016
These will include things such as insurance, property taxes, gasoline (to get to the lake and to boat on the lake), maintenance, boat slip fees and storage fees in off season. Since all they like to do is tour, renting a boat for a couple of hours gives most what they want in a boat ride. We rent it out during the hot season.
Family Balance Sheet
MAY 6, 2020
We spent the next few years building our savings back up to the level we had prior to 2007. Our small business was going well, so we said so long to renting office space and purchased a commercial property in the summer of 2012. How to Build your Emergency Fund. Yep, life was good.
Prairie Eco-Thrifter
JULY 13, 2014
They might include things such as fees charged for obtaining a mortgage; cost of home inspections; homeowner’s insurance; title insurance and settlement fees; property taxes or transfer taxes. Deductible closing costs include points or prepaid interest on your mortgage and your share of the prorated property taxes.
Savings Corner
DECEMBER 24, 2023
Would renting for another year or two improve your financial standing? On the other hand, if your savings are tight or your credit score is less than stellar, it might make more sense to take time to build those before buying. “These are all important to help define the goals they would like to meet.” Is location the top priority?
Family Balance Sheet
JUNE 22, 2020
How we got to six figures of non-mortgage debt: In the summer of 2012, we found an opportunity to purchase an office building for our small business. We had been renting for over 10 years and we were ready to find a property to move our business to and eventually build our net worth. Everything looked great on paper.
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